1945 Southgate Pkwy Cambridge, OH 43725
95-Room Hotel, High Occupancy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 9.8-acre land parcel.
- $26,000 per key price.
- Absentee-managed; 79% ADR penetration, 92% occupancy (2022), 122% occupancy (2023).
- Significant upside potential for owner-operator through improved sales and revenue management.
- Features a banquet/meeting space generating supplemental income.
- Partially completed property improvement plan (PIP); solar panels fully paid, reducing operating expenses.
Property Details for 1945 Southgate Pkwy
- Property type
- Hospitality properties, Hotels
- Year Built
- 1973
Location Insight
- City
- Cambridge
- County
- Guernsey
- State
- Ohio
- Latitude
- 40.0054289
- Longitude
- -81.5750713
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - 95-Room Hotel, High Occupancy
- Where is the hospitality property located?
- The property is located at 1945 Southgate Pkwy Cambridge, OH.
- What is the asking price?
- The asking price for this property is $2,500,000.
- What are key features of this property?
- This property features: 9.8-acre land parcel.; $26,000 per key price.; Absentee-managed; 79% ADR penetration, 92% occupancy (2022), 122% occupancy (2023).
- How can I contact the broker?
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